Technology, Social News | featured news

Another much-requested feature has returned to Digg, as the social news site looks to recover from the version 4 fiasco: the bury button. The button — which is essentially the opposite of the “Digg” button and helps push a story out of the system — appears to be live on all stories.

Digg’s backers would likely be willing to sell the company now for as little “as $20 million to $30 million,” Arrington says. That’s a bummer, since investors have pumped $40 million into this outfit since it was founded in 2004, and Rose and his backers are rumored to have had chances to sell the company for $130 million.

If a recent poll from Digg founder Kevin Rose is any indication, Digg is considering bringing back the Bury button.

AOL's Propeller Team has announced on their website that Propeller.com will be no longer active from October 1 2010.

When it comes to releasing a new product, users and pundits’ opinions only count for so much, but numbers — including revenue and traffic– don’t lie... This week, the web analysts at Hitwise gathered data showing a 34% decline in visitors in the U.K. and a 24% decline in the U.S. in the past 11 weeks.

A redesign is part of the Web site’s plan to regain momentum as it has lost ground in a crowded field that includes Facebook and Twitter.

The brand new Digg is under fire on its first ever Monday from both its most loyal users and the competition at Reddit. Launched last Wednesday, Digg power users have launched a Digg Revolt today, some calling it "Quit Digg Day," and the Reddit community has embraced the feud.

It's finally here. Digg, the social link sharing site that has watched its once-meteoric rise to popularity level off over the last couple years, is relaunching today as it attempts to surge to greater heights — with an added focus on making the site better for publishers as well as users.

Within the past three weeks, Digg.com has allowed some of their most loyal users to sign up and try out Digg version 4 . It has been speculated that they will be doing a full roll out of the new site sometime within the next two months.